• Application Deadline:
• Position: Financial Controller - Hospitality



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 7 - 10 years



• Location Lagos




• Job Field Finance / Accounting / Audit 
  
  

Main Function

• The Financial Controller is responsible for overseeing all financial operations of the hotel, including budgeting, accounting, financial reporting, internal controls, treasury management, and regulatory compliance.


• The role ensures the accuracy and integrity of financial information while supporting strategic decision-making and maintaining strong financial governance.


• The ideal candidate must be analytical, detail-oriented, and highly organized, with strong leadership skills and extensive experience in financial management and reporting.

Role Responsibilities

Financial Planning and Budget Management:

• Lead the preparation of annual budgets, forecasts, and financial projections.


• Monitor budget performance and provide variance analysis with recommendations.


• Support management in strategic planning and financial decision-making.


• Develop financial models to evaluate business performance and new opportunities.

Accounting and Financial Reporting:

• Oversee bookkeeping, general ledger operations, and month-end/year-end closing processes.


• Prepare accurate and timely financial statements in line with accounting standards.


• Ensure compliance with IFRS, GAAP, and local financial regulations.


• Review and approve accounting entries, reconciliations, and financial reports.


• Maintain proper documentation of all financial transactions.

Internal Controls and Compliance:

• Develop and enforce strong internal control systems to safeguard company assets.


• Conduct periodic audits to ensure compliance with financial policies and procedures.


• Identify risk areas and implement corrective and preventive measures.


• Ensure adherence to corporate governance, tax laws, and statutory requirements.


• Liaise with external auditors during annual audits and ensure timely resolution of audit queries.

Cash Flow and Treasury Management:

• Manage daily cash flow, banking operations, and liquidity planning.


• Oversee payments, collections, and bank reconciliations.


• Develop strategies to optimize working capital and reduce financial risk.


• Maintain strong relationships with banks and financial institutions.

Cost Management and Financial Efficiency:

• Monitor and analyze operational costs to identify savings and efficiency opportunities.


• Implement cost-control measures and financial discipline across departments.


• Review procurement processes and ensure value-for-money expenditures.

Taxation and Regulatory Compliance:

• Ensure accurate and timely filing of tax returns (VAT, PAYE, WHT, CIT, etc.).


• Maintain updated knowledge of tax laws and regulatory changes.


• Coordinate tax audits and ensure full compliance with tax authorities.


• Provide guidance on tax planning and regulatory requirements.

Financial Strategy and Business Support:

• Provide financial insights and recommendations to support business growth.


• Evaluate investment proposals, capital projects, and expansion opportunities.


• Track financial KPIs and develop improvement strategies for profitability.


• Support management in pricing decisions, revenue analysis, and market trends.

Leadership and Team Management:

• Lead, mentor, and supervise finance and accounting staff.


• Assign responsibilities, monitor performance, and ensure high-quality output.


• Identify training needs and coordinate capacity-building programs for the finance team.


• Promote a culture of accountability, accuracy, confidentiality, and professionalism.

Competencies/Skills:

• Strong knowledge of accounting principles and financial management.


• Expertise in budgeting, forecasting, and financial analysis.


• Excellent leadership and team management abilities.


• High proficiency in financial software, ERP systems, and Microsoft Excel.


• Strong analytical, critical thinking, and problem-solving skills.


• Excellent communication and presentation abilities.


• Deep understanding of regulatory compliance, taxation, and audit processes.


• Strong attention to detail and accuracy.


• Ability to work under pressure and meet deadlines.

Behavioural Qualities/Other Competences:

• High level of integrity, professionalism, and confidentiality.


• Strong ethical judgment and accountability.


• Self-motivated, disciplined, and reliable.


• Strategic thinker with a proactive mindset.


• Excellent interpersonal and leadership qualities.


• Strong work ethic and commitment to excellence.


• Ability to adapt to dynamic business environments.

Experience / Qualification

• Bachelor’s Degree or HND in Accounting, Finance, Economics, or related field.


• Professional certification such as ICAN, ACCA, or CPA is required.


• Minimum of 7–10 years of progressive experience in accounting or financial management in a top hotel.


• Experience in corporate finance, budgeting, and internal control systems.


• Prior experience in hospitality is a must.


• Strong familiarity with IFRS, audit processes, and financial reporting standards.